Ventriglias loot Zambezi Portland Cement Factory, consequences follow- 2015

April 10, 2015

The Zambezi Portland Cement Factory in Ndola was attacked by the Ventriglias during the early hours of April 7, 2015. The news came as a shock to Finsbury Investment, who owned 58% of the shares of ZPC legally. Though, Finsbury Investment already possessed an injunction for ZPC, the Ventriglias ignored all warnings and pursued their quest with the aid of Sakwiba Sikota.

Sakwiba Sikota, in a statement claimed that Finsbury Investment had withdrawn their status as owners of ZPC. To put it in his words, ‘Finsbury gave up the battle.’ The lawyer is well-known for his cheap tactics and has played an important role towards the return of the Ventriglias.

A question that remains unanswered by the conspirators is why will Finsbury Investment need an injunction if it had already surrendered its ownership over ZPC? The state of affairs in Ndola clearly suggests that the loot for ZPC was a well-planned action formulated by the Ventriglias and other funded parties in Zambia which includes Zambia Reports. Dr. Rajan Mahtani, an integral part of Finsbury Investment has been the prime target in this campaign.

However, this victory of the Ventriglias will be short lived as the High Court of Zambia has issued ‘an order for committal to prison’. Attached below is the copy.

Dr. Rajan Mahtani celebrates Easter with family- 2015

April 2, 2015

After a long string of business events, Dr. Rajan Mahtani has finally taken some time off and went to visit his family during Easter. The event witnessed a relaxed Dr. Mahtani who was aloof from tensions and was enjoying the company of his dear ones.

Sadly, Zambia Reports portrayed this event as an attempt by Dr. Mahtani to escape legal charges. According to them, Dr. Rajan Mahtani fled Zambia as soon as the trail for Nchito started. Imaginative stories and irrelevant references continue to contribute towards the malicious attempt which was presented by a group of writers, who consider money to be above moral and principles in life.

Dr. Rajan Mahtani is the chairman of Finance Bank Zambia and has been contributing towards the development of Zambia for the past 20 years. Over this period there have been numerous defamation attacks on him from the side of the conspirators. Sometimes, they are in the opinion that Finance Bank Zambia will steal the money of common men, whereas sometimes they think that Dr. Mahtani will use this money in illegal activities. However, it has never stopped Dr. Mahtani from creating employment opportunities, funding development projects and assisting senior citizens with monetary benefits. He has been one of the most influential people in Africa for the past decade.

While dragging Dr. Rajan Mahtani into a controversy Zambia Reports mocks itself- 2015

March 30, 2015

The recent actions of Zambia Reports has become a matter of humor in Zambia. In the quest to defame Dr. Rajan Mahtani, Zambia Reports has contradicted its own article and has presented a weak argument that connects Dr. Mahtani and Chellah. According to a recent article published by Zambia Reports, they have claimed that Chellah had availed the services of Radisson Blu and was unable to meet the bill. The result was that Dr. Rajan Mahtani had to come to the rescue.

The story was gradually developed with a view to highlight the developing relationship between Dr. Rajan Mahtani and Chellah. Sadly, Zambia Reports forgot the fact that they had earlier published an article where they mentioned Chellah owning properties in South Africa and the United Kingdom. Now if one can relate these two matters, one will realize that these incidents are contradicting. A person who can own international properties will have no problem in clearing a bill of K120, 000.

The article by Zambia Reports has become an evident proof that this news portal is totally based on false claims and imaginative stories. This is not the first time that the people of Zambia have seen the true picture of Zambia Reports. There have been numerous incidents where the ‘two-faced’ side of Zambia Reports has been revealed.

Share trading for Finance Bank Zambia to Start Soon- 2015

March 20, 2015

As we are approaching towards the end of March, the time has come for Finance Bank to start its very first share trading operation under the Lusaka Stock Exchange (LuSE). The decision for trading shares on the stock exchange was taken last year when the Chairman, Dr. Rajan Mahtani thought of converting the bank from a private institute to a public institute. Hence, Finance Bank Zambia is now known as Finance Bank Zambia Plc.

The vision was laid with a view to raise USD 250 million from the stock market and enlarge the pool of resources for the Finance Bank Zambia. Over the past few months, various compliances continue to be fulfilled from the side of FBZ and now it is only matter of days before which the locals and other investors will have the opportunity to acquire shares of the institute.

The pace at which the proceedings are taking place is worth appreciating and the people of Zambia are excited with this news. According to Dr. Rajan Mahtani, all formalities will be completed by the first quarter of 2015. However, one can expect delays, if there arises any miscommunications along with notorious attempt of the conspirators to create a havoc in Zambia. The Finance Bank has served Zambia for more than two decades and now with time it is transformed into an organization which is stronger and more resourceful than before.

Mocking Dr. Mahtani won’t help the conspirators- 2015

March 16, 2015

It has been an old habit of the conspirators to drag Dr. Rajan Mahtani in any conversation which relates to crime and dirty politics. Recently, when Nchito Mutembo had faced criminal charges for nine offences, the conspirators were quick to mention the name of the Finance Bank Chairman as the next contender who can face similar charges.

A major player in this ‘defamation game’ is Zambia Reports who takes pride in publishing articles that talks against Dr. Mahtani. There have been numerous occasions where the notorious news portal has made imaginative claims on Dr. Mahtani and has tried to portray his image as a culprit. However, this has never stopped Dr. Rajan Mathani from making key contributions in the development of Zambia.

Recently, when the Finance Bank started its listing process on the Lusaka Stock Exchange, Zambia Reports was quick to mention that the listing process has been withdrawn and Dr. Mahtani has betrayed the current President, Edgar Lungu. Sadly, the news was nothing more than a sham and soon it was dismissed on account of being irrelevant and baseless. It is time that the conspirators find an alternative to their full-time occupation of defaming Dr. Rajan Mahtani.

Finance Bank Zambia has not been delisted from LuSE- 2015

March 11, 2015

The news of the hour is that Finance Bank Zambia PLC continues to proceed with its listing on the Lusaka Stock Exchange (LuSE) and the locals will have a chance to own a stake in FBZ very soon. As opposed to a recent publication in Zambia Reports, there is no reason whatsoever for FBZ PLC to delist itself from the LuSE and every aspect of the listing process is operating with utmost harmony.

Zambia faced a shock past week when it was notoriously declared by Zambia Reports that Finance Bank Zambia has withdrawn its listing process from the LuSE. However, on close inspection it was observed that the article was written with a view to create panic in Zambia and defame Dr. Rajan Mahtani. The name of the current President of Zambia, Edgar Lungu was also mentioned such that a rift between two of the most eminent personalities in Zambia can be created.

Zambian Eye, a resourceful online news network had also published the news of delisting in the first place. But, when it was realized that the news is fake, it immediately removed the content and presented an apology to the Finance Bank and Dr. Rajan Mahtani. Attached below is a screenshot of what the apology article suggested.

Zambezi Portland Cement Factory Roars- 2015

February 25, 2015

The Zambezi Portland Cement Factory has finally broken all records in terms of performance in Africa for the year 2014. According to top verified reports, ZPC has successfully produced 4, 73, 985 tonnes of cement. The output has surpassed the estimated production by 1, 00, 000 tonnes.

The installed production capacity of ZPC was computed as 3, 60, 000 annually and 1, 000 tonnes on per day basis. However, this benchmark was left far behind when ZPC was given the responsibility to meet the cement requirement for the Ndola Housing Project. A total of 71 houses was built using ZPC cement and for meeting this mammoth requirement, ZPC had to deliver a prolific performance.

Dr. Rajan Lekhraj Mahtani, the owner of ZPC is extremely pleased with the present state of affairs and believes that Masaiti has a lot of scope for the development projects. Dr. Mahtani has promised Masaiti for a new lime plant which is going to offer additional employment to 150 people in Africa.

From the performance report of the Zambezi Portland Cement Factory and with the determination of Dr. Mahtani, it is becoming obvious that they have big plans for Masaiti and the rest of the Africa. Though, ZPC stays aloof from the limelight, this time around it has shown a strong character.

Masaiti will host development plans for Mahtani Group of Companies- 2015

February 16, 2015

The Mahtani Group of Companies have made Masaiti their new home for implementing development plans. As per recent conferences, it has been hinted that most of the projects under the Mahtani Group of Companies will be initiated in Masaiti and a prominent example of this intend is being highlighted from the development of a new ‘block-making factory’ established in Masaiti.

The other development plans in Masaiti include opening a lime plant in the span of the next 24 months and offering employment to the locals. The sudden focus has arisen out of the success of the Zambezi Portland Cement Factory in 2014.

Dr. Rajan Mahtani & Zambezi Portland Cement Factory- 2015

February 6, 2015

The Zambezi Portland Cement Factory has been an inspiration for Dr. Rajan Mahtani. The factory has achieved new milestones in the recent past and continues to deliver excellence in the realm of construction materials. The total output of the Portland Cement Factory Zambia for the year 2014 was 4, 73, 985 tonnes, which included a surplus of 1, 00, 000 tonnes.

The surplus production of ZPC was specifically made with an intent to facilitate one of the most important housing development projects in Africa- the Ndola Housing project. The project involved building 71 houses for the people who were displaced earlier. The contribution has made it possible for the Ndola housing project to complete the task at the earliest and offer shelter to the sufferers.

The Zambezi Portland Cement factory has been certified by the Zambian Bureau of Standards (ZABS) with a ZS ISO 9001:2008 certification that guarantees quality compliances during production. This is perhaps one of the biggest reasons that people choose ZPC over other cement factories in Africa. Going back in history, ZPC is the same factory which had deceased the monopoly of Lafarge in Africa.

Dr. Rajan Mahtani is extremely pleased and motivated with this performance and has confirmed his continued support to various developing countries in Africa. Recently, he promised to build a fresh lime pant for Masaiti which will create an additional employment of 150 people.

Dr. Rajan Mahtani